Most Recent
Construction PRO
Lawyer’s unilateral email to chambers in builder’s case against CBA ‘undesirable’: judge
Construction 2025-07-30 11:09 pm By Christine Caulfield

A solicitor for a contractor in dispute with the Commonwealth Bank has been called out by a judge for a unilateral email to chambers without CBA’s consent.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

CBA faces union action for alleged offshoring of hundreds of jobs
Employment 2025-07-18 11:35 pm By Sam Matthews

The Finance Sector Union has taken Commonwealth Bank to the Fair Work Commission over the alleged “sham redundancy” of over 100 positions it says are being offshored to India in breach of an enterprise agreement.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Clayton Utz bolsters risk advisory team with hires from CBA, A&O Shearman
Business of Law 2025-06-20 11:42 pm By Julia Kanapathippillai

Clayton Utz has boosted the expertise in its risk advisory practice, hiring a trio of lawyers from CBA and A&O Shearman.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

No loss proven in CBA cases, but all is not lost for shareholder class actions
Analysis 2025-05-16 11:01 pm By Christine Caulfield

In explaining where CBA shareholders went wrong in proving damages from the bank’s omissions over an AUSTRAC probe, the Full Federal Court has given class action plaintiffs the clearest indication yet of how they might win.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Lack of proof in CBA class actions can’t be ‘laid at bank’s feet’: appeals court
Class Actions 2025-05-08 11:34 pm By Cindy Cameronne

The failure of two class actions to prove loss linked to the Commonwealth Bank’s disclosure breaches was not the fault of the bank, an appeals court has held in dealing the latest blow to shareholder group proceedings. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

CBA shareholder class actions score partial win on appeal, but no damages
Class Actions 2025-05-07 5:25 pm By Cindy Cameronne

Two class actions against Commonwealth Bank have partially succeeded on appeal, with a finding that the bank breached its continuous disclosure obligations, but damages still elude shareholders.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

CBA slams class actions’ ‘misguided’ theory on appeal
Class Actions 2024-11-19 11:03 pm By Sam Matthews

CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judgment in CBA class actions could affect insider trading cases, Full Court told
Class Actions 2024-11-19 11:42 pm By Sam Matthews

The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could have “troubling” repercussions for insider trading cases and must be overturned.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

CBA class action judge used ‘far too onerous’ test, appeals court told
Class Actions 2024-11-18 11:38 pm By Cindy Cameronne

Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

CBA hit with $7.5M penalty for breaching spam laws
Privacy & Cybersecurity 2024-10-17 4:50 pm By Sam Matthews

Commonwealth Bank has paid a $7.5 million penalty after an ACMA investigation found it sent over 170 million emails that violated spam laws. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?